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NBC
Dec 28, 2012 5:00am EST
through baltimore. 108,000 jobs are linked to activity at the port. negotiations are not going well. unless there is an agreement, there will be a complete shutdown of all ports from maine to texas. it could be a partial strike that affects cargo in containers. it could avoid a stoppage in automobile shipments. >> if containers were made to be the focal point, we think that would be an advantage for us. we do have other cargoes. >> the port of baltimore will keep two public terminals open tomorrow to allow as many trucks as possible to pick up that cargo. kim dacey, wbal-tv 11 news. >> today is purple friday. >> it is the last purple friday of the regular season. the ravens will play the bengals on sunday. the kickoff time will be sunday at 1:00 p.m. in cincinnati. keith mills will have much more on the game later this morning in sports. ravens playoff tickets go on sale later this morning starting at 10:00 a.m. the exact day and time of the game is still not decided. the ravens will host the colts or the bengals. it will be decided after sunday. you can order these tickets by phone
NBC
Dec 28, 2012 6:00am EST
paralyze shipping, for making a very difficult for goods to get into the area. port workers along the east coast could go on strike in just a few days. kim dacey joins us live from self baltimore with more on what it could mean for our area. >> ledgewood -- could be the biggest port strike along the eastern seaboard in 35 years. it would affect about 2000 workers in baltimore alone. about $55 billion of cargo a year goes in and the port and according to the port administration, 108,000 jobs linked to activities at the port. if negotiations between the maritime alliance and international longshoremen are not going well. unless an agreement is reached by midnight sunday, there would be a complete shutdown of all ports, from maine to texas. a report spokesperson said there is a possibility the strike would only be partial and would only affect cargo in containers because warranties for workers of that type of cargo is the big sticking point. that could avoid a stoppage of automobile shipments and cruise ship operations. >> if containers remained to be the focal point, we think it could be a b
FOX
Dec 28, 2012 9:00am EST
-3 3 & 3 ,3 a major strike at 15 major east coast pprts.. including the port of baltimore could bbgin this weeeend... and pould affect billioos of dollarr of cargo along the east coast. coast.the contract between the association and the u-s en - maritime aaliance... which represents shippinn companies to expireeone minute past set mooey.manageeent wants to reeuce "connainnr rooalties." if a ddal isn'ttreachhe... a strike ould stop ll container traffic at the port. (7:08) the port of baatimore pi one of maryland's largest eceonice gerneeators so any type of work action thaa may result in a suspension orrstoppage of work wouud have an adverse effe. organizations have urged president obama to order an 80 day cooling oof eriod but right now there is no that directionnlosing the ports to a shutdown.. even for a few days.. could cost the 3conomy billions f dollars..- a high-stakes meeting wwll be held in washington today.... between preeident obama and top congressional leaders. leaders.they've got just 4 days left to reach an eeonomy goes overrthe e u-- so-called "fiscal cliff." that
FOX Business
Dec 27, 2012 12:00am EST
enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas and deadlock over fiscal cliff gave investors little to get excited about. the dow fell 24 points. the so-called fear index or the vix, soaring more than 4%. fiscal cliff concerns pushed the index to the highest level since july. one bright spot though was on the housing fnt. the monthly case-shiller report found october home prices rose 4.3% mpared with a year earlier. the data giving a late sign of recov
FOX Business
Dec 27, 2012 8:00pm EST
to walk out of ports this weekend. jonathan gould said this strike would make things worse. jonathan, what is the impact to the retailers? >> thank you very much, tom, impact for not only retail industry but all industries rely on the ports for imports and exports will be significant if they are allowed to shut down for any length of time witness once the contract expires this weekend. tom: from department stores to lumber, and auto, will one be hurt worse? >> this will be widespread across all industries, including retail, manufacturers who rely on inputs to production, farmers trying to get their products overseas, and trucking companies who rely on ports to move containers in and out, this will be wide spread. for all industries who rely on the ports, in and out of u.s. tom: what is the fight? what is the problem? >> well i think there are a number of issues that need to be discussed between the unions. we're not taking issues on any -- positions on any of the issues, everything from container royalties, to jurisdiction issues, and from management side issues with regard to work rules a
CBS
Nov 30, 2012 5:30pm PST
for many of those goods. the ports of los angeles and long beach, california. they are critical, because those ports handle about 39% of all the goods that arrive by ship. it came to about $200 billion worth this year. what's behind this strike? here's john blackstone in l.a. >> reporter: it began with 70 workers. now all 800 members of their union are on strike. but 10,000 other dock workers are refusing to cross the picket line. that has brought the normally busy port to a new stand still. geraldine knatz directs the port of los angeles. >> there's probably about a billion dollars worth of goods that come through this port everyday and we probably got about 900,000 or so people in the southland whose jobs are tied to the activity going through this port. >> reporter: the ports are clogged with 16 ships waiting to be unloaded. another six are anchored off the coast. >> if the ships are not working, the truckers are not working, the warehouse people are not working. it will ripple through the supply chain. >> reporter: it doesn't take much of a delay to cause problems for people. >> no.
ABC
Dec 28, 2012 6:30am EST
are there in a bit. >> repor strike looming at the port of baltimore and ports along the east coast. why thousands of longshoremen could walk off the job this weekend and what it could mean for our economy. >> linda so looking cold downtown. we have temperatures in the 30s. how about 600 miles to the south in west that's a snowstorm for tomorrow. details coming up. >> reporter: my 69 -- mike, 695 is nice and clear. i will let you know what traffic looks like on 95 and 83. all coming up on good morning maryland. >>> good friday morning. this is your abc2 news to go i am megan pringle. >> i am charley crowson. meteorologist mike mat co changes could be on the way but not right now. >> look at how beautiful this is chesapeake beach. man it's chilly. the airport 33 degrees and westerly wind at about 3. so that's making the temperatures feel like they are in the 20s. it's 3 # elders-- 32 eldersburg. baltimore city at 39. winter weather advisory towards northern harford county and cecil county. you get the deal. clouds will be in here during the course of the afternoon 600 miles to the south and west th
FOX
Dec 28, 2012 6:00am EST
shawan mmp 3 a major striie at 15 major east coast ports.. including the poottoffbaltimore could would affect billions of dollars of cargo along the coast.the contract between he inteenational longshoremen association and the u-s maritime alliince... whichh and port operators... is et to expire one minute ast midnight ec 30th.tteeissuee? reduce "contaaner royalties." if a deal isn't reachee... a strike could stoo all container traffic aa the port. (7708) the port of baltimore is ne of maryland's largess eceonice gernerators so any type of ork action hat may stoppage of work would have an effect.morr ttan 100 organizations have urged ppesident obama to order an 88 ddy cooling off period but right now there is no administration will move in thattdirection.losing the ports to a shutdown.. even ffr a few ays.. could cost the economy billions of dollars. 3 a high-stakes meeting will be held in washington today.... betweenn resident obama ad &ptop coonressional leaders. leaders.they've got just 4 days left to reach an aageement... before the u-s economy goes over the poocclled "fisc
FOX News
Dec 4, 2012 12:00pm PST
. that does not sound like they moving the ball forward. >>shepard: in public. >> a strike at major ports in california could make it harder to find gifts this holiday season. we will have an update on negotiations. and iran military leaders say they captured a united states drone. again. but the united states says hang on, iran, so what is this thing the iranians are showing on iranian state tv? that is ahead. [ female announcer ] the humana walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur >>shepard: officials are denying claims that iran has captured another american drone. the denial is after iranian state television aired images of thi
FOX Business
Dec 14, 2012 1:00pm EST
, still drifting at this point. >>> america's fastest growing port, you think it is los angeles, maybe new york, think again. savannah, georgia tops the list thanks to exports of chicken feed, a delicacy in asia. the head of the port is up ahead. tracy: maybe he will tell us how to eat those. ashley: no. tracy: outrage over spending bill for superstorm sandy is filled with pet projects in washington, d.c. while people are still devastated by the storm. liz claman on the story. ashley: from chicken to pork. time for stocks now. as we do every 15 minutes we head to the floor of the new york stock exchange, and nicole petallides. the market is literally at a stand till over this fiscal cliff. >> i knew you knew where we were going every 15 minutes, ashley. we have to check in on the markets. you're seeing the dow who haver around the unchanged line, down three points now. tech-heavy nasdaq the worst of the bunch down one half of 1%. app, i'm also watching whether or not the dow will have winning week. we had three straight weeks in a row of gains. if we close right here right now we're all ri
FOX Business
Dec 5, 2012 6:00pm EST
. how much money as the port authority gone through and how much are they overbudget? >> originally in the first month after 9/11, when the port authority had a first financial where they put out, they said we are not going to have to pay the cost of this in rebuilding. and they said that we are going to get all of this money for the federal government. do not worry. ten years later, they had borrowed nearly a billion dollars. after the storm, they thought they were getting all this free money from washington and they didn't spend it very well. >> all right, why is the port authority involved in the first place? are they supposed to run the bridges and tunnels and transportation? i don't get it. >> one of the things about the port authority is it is a bistate agency. new york and new jersey governors run. what they have done is use it as a slush fund, kind of off the books government. voters don't really have any say in it. they collect all of their money. the tolls just went up and all of the hudson river crossing the port authority controls. it is now $13 to go across the george w
CBS
Dec 27, 2012 5:30pm PST
strike by longshoremen. union leaders for nearly 15,000 dock workers at every port from texas to maine say they'll walk off the job on sunday. we asked anna werner to find out how a strike would hurt the u.s. economy. >> reporter: the port of houston handles 42 million tons of cargo every year. it extended its hours this week to try and get shipments in and out before a strike can bring the port to a standstill. jim gillis is vice president of gulf intermodal services, a container trucking company. >> we've seen a dramatic increase in volumes and congestion as a result. >> reporter: what happens if they can't get all the goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problems stocking. >> reporter: negotiations between the international longshoremen's union and the shipping companies are deadlocked over a proposal to cut royalties paid to 15,000 dock workers for each ton of cargo they move. a shutdown would affect 15 ports on the east and gulf coasts, including new york, baltimore,
KICU
Dec 19, 2012 11:30pm PST
% of gasoline to bay area pumps. >> we have a new twist in our investigation of the port of oakland and improper spending less than a week after the port announced the retirement of its director, james quan won't be leaving work there all together. how much he will continue to earn there. noelle. >> reporter: ktvu has learned starting next year james quan will continue to work with the port for a period of 7 months, essentially as a consultant. a port spokesman says he'll be a retiree annuitant. working with transition. this is the same james quan who earlier this month along with former port executive director agreed to pay back more than $5000 they spent at strip clubs and charged to the port of oakland. we spoke via skype with kelly who teach business ethics at uc berkeley. >> given the egregiousness of the allegations against him and his team, it seems shocking they would want to continue to associate with what i think is a damaged brand. >> reporter: the port announced his retirement earlier this month on the same day it released an internal audit and investigation that revealed some of the
FOX
Dec 19, 2012 10:00pm PST
in our investigation of the port of oakland and improper spending less than a week after the port announced the retirement of its director, james quan won't be leaving work there all together. how much he will continue to earn there. noelle. >> reporter: ktvu has learned starting next year james quan will continue to work with the port for a period of 7 months, essentially as a consultant. a port spokesman says he'll be a retiree annuitant. working with transition. this is the same james quan who earlier this month along with former port executive director agreed to pay back more than $5000 they spent at strip clubs and charged to the port of oakland. we spoke via skype with kelly who teach business ethics at uc berkeley. >> given the egregiousness of the allegations against him and his team, it seems shocking they would want to continue to associate with what i think is a damaged brand. >> reporter: the port announced his retirement earlier this month on the same day it released an internal audit and investigation that revealed some of the credit card holders skirted spending lim
FOX
Dec 21, 2012 4:00am PST
that would hit ports stretching from massachusetts to texas could have a ripple effect on the national and global economy. just days after a west coast port strike was resolved, this new walkout is being threatened by nearly 15,000 longshoremen union members who are upset over wages and royalty payments. the strike would cripple 15 different ports. the union did not answer our calls, but the national retail federation says the walkout would cause a national economic emergency, and urges president obama to use "all means necessary" to prevent a strike. "we thnk the ripple effect would be fairly significant. all the industries that rely on parts, both importers and exporters, manufacturers, farmers, truckers, rail, you name it, all rely on the ports to move the nation's and global commerce." that was jonathan gold, vp of the national retail federation. the current contract expires at midnight on december 29th. lawmakers remain divided today over a deal to avert going over the fiscal cliff. last night, the house passed legislation known as plan b, which raises taxes on americans earning $
PBS
Dec 28, 2012 4:30pm PST
in washington this weekend. >> port: thpresident declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first, but he also warned lawmakers to get their work done. >> the american people are not going to have patience with a self-inflicted wound on the economy. >> reporter: senate republican leader mitch mcconnell called the white house meeting a good one and he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. >> we will be working hard to see if we can get there in next 24 hours and so i am hopeful and optimistic. >> reporter: but the sticking point remains finding something that can make it through the house with enough support from republicans. >> it seems like the 250 threshold that the president proposed previously is unlikely to pass the house in its current form, and so without some sort of additional compromise there, it seems unlikely that we're going to get something done before the end of the year. >> susie: you know thanks for that report. i am just wondering from all of the reporting you have
LINKTV
Dec 18, 2012 8:00am PST
such a deadly weapon? what's the gunman began in 1996 port arthur massacre was from new town, australia and. within days, australia, a country of hunters, passed the strictest gun control legislation in its history. there have been no mass killings since. the academy award winning filmmaker michael moore, the director of "bowling for columbine," response to the sandy hook massacre. >> there are crazy people and there are shootings and killings in norway and france and germany, but there hasn't been 61 mass killings like there have been in this country to a sense columbine. >> and the nra facebook page has gone dark. we will speak with lisa graves about big guns and big money. all of that and more coming up. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. residents of newtown, connecticut, have begun holding the first of many kernels for the 27 victims killed in friday's shooting rampage at sandy hook elementary school. on monday, noah pozner and jack pinto, 06 years old, were laid to rest in small caskets. more funerals are slated today including two m
CBS
Dec 28, 2012 7:00pm EST
the cliff- hanger over the nation's east and gulf coast ports, is almost over. federal mediators say dockworkers represented by the longshoremen's union and the u.s. maritime alliance are close to finalizing a new labor deal. so close, that they've extended the deadline on negotiations by another 30 days. this heads off a strike that could have begun on sunday, crippling 14 important ports. the possibility of a strike worried retailers, manufacturers, and farmers, and risked losses in the billions. >> susie: our next guest says once the fiscal cliff mess is resolved, there will be an explosion of mergers and acquisitions in 2013. he's robert profusek, chairman of the global m&a practice at jones day. so bob why you are so up beat about more mergers and being a acquisitions especially with everything going on with the fiscal cliff. >> it's a pessimistic time andthat is a cause for optimism in the merger market. m & a has been fantastic. 9 market has been okay. it's not been at the terrible but it's been good. it's been held back by the negativism that was focused on the eu and this ye
CNN
Dec 27, 2012 1:00pm PST
that could shut down some of the country's busiest ports. we'll show how it could impact you. ?o [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. tomorrow starts here. by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> it was a wild ride to election day 2012. jim acosta has the top ten campaign stories of the year. >> reporter: the year started off with a surprise i
FOX Business
Dec 4, 2012 5:00pm EST
of the strike shutting down the biggest ports in the country. think it doesn't affect you? all the holiday presents you ordered could be stuck out at sea, oh, no!. we'll explain it coming up. >>> egyptian president morsi forced to plea his palace after tens of thousands of protesters battle police outside. morsi's days could be numbed per. we'll talk about the impact here at home. even when they say it's not it is always about money melissa: look at the day's market headlines, wait and see is the name of the game on wall street. they watched the latest sparring over the fiscal cliff. stocks weighed between positive and negative territory. shares of netflix soaring more than 14% you wow! the company announced exclusive dib shun deal with disney. they will get first run streaming rights for disney films beginning in 2016. gold prices losing their shine. the commodity tumbled below $1700 a ounce hitting a one-month low. >> to our top story, no bias or bull. "money" will lay it out for you. all the talk about we can't fall off the fiscal cliff, we say why not? it may not be the worse option? m
CNBC
Dec 28, 2012 9:00am EST
. wind farms and dairy are set to get hit. >> the ports of the east coast and gulf coast are bracing for a potential strike. the potential for this, midnight sunday with a shutdown threatening to threaten 20% of the cargo traffic. >> and instagram feeling the sting of the flap around privacy with users, fleeing the site. how will this impact facebook? >> as we mentioned, dennis berman, "wall street journal" market place editor is joining us here on set once again for the next hour. good to have you back, dennis. lots to talk about between the cliff and other news. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> i feel confident that a solution may be in sight. >> it was a construct
FOX Business
Dec 5, 2012 1:00pm EST
pushing blue-chips into triple-digit gains. right now the dow is up 113 points. >>> workers at the ports of los angeles and long beach are back at work today of an eight-day strike crippled one of the nation's busiest ports. the announcement came from the mayor of los angeles who joined federal negotiators to negotiate a deal between the employees and portfolio managerment. mayor villaraigosa will be a guest on fox business. >>> elizabeth murdoch died, mother of rupert murdoch. she was considered one of australia's most generous philanthropists donating money to more than 100 charities. dame elizabeth murdoch was 100 years old. that is the latest from the fox business network, giving you the power to prosper. lori: as republicans and democrats continue the back and forth over the fiscal cliff one thing they're already losing is the confidence the american people. look at this. just four in 10 americans believe washington will reach a deal by year's end to avert the fiscal cliff but nearly half do not think they will. that is according to this new poll released by the pew research center.
FOX Business
Dec 5, 2012 12:00am EST
a strike of the two biggest ports in the u.s. directly affecting you and your wallet this holiday season. you want to hear this. >>> violent protests portedly lead to the egyptian president fleein his palace. what it could mean here if his rul crumbles before your eyes. what it could mean comin up. ♪ . you stl think you're colder than me? nah. don tell me. tell tiny! [ ice craling ] [ knuckles craing ] and who are you supposed tbe, back-up? handle it. what you looking at? ! cat-like reflexes... whoa! [ ma announcer ] the coors light silver bullet pint. it's bigger. it's resealable. it's still the colde. don't you do it. don't you do it! [ male announcer ] frost brewed coors light. the world's most refreshing er! ♪ . melissa: well u might not think the huge strike the two biggest prts in the countrydirectly impacts you but think about this if you ordered anhing laly, and we all have, christmas or hanukkah gifts you may not get them in me. more than den ships loaded incargo are sitting doc in california and have been for the past week. both sides reportedly agreed federal mediation in
FOX News
Dec 5, 2012 12:00pm PST
's biggest ports is now over. the deal that got workers back on the job is next. plus, fire bombs and bullets in the country that is supposed to be keeping the israelis and be keeping the israelis and palestinians from going to war. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >>trace: new revelations of the deadly 9/11 attack at the consulate in libya. on capitol hill lawmakers watched multiple videos of the strike. they show a crowd gathered outside and a lawmaker who asked not to be identified said and i quote, "it's amazing how casual they are, it is fought like they just stream in, they are dancing aro
CNN
Dec 28, 2012 6:00am PST
.com/pricerewind. >>> as if the looming fiscal cliff wasn't enough to worry about, now 14,000 dockworkers at ports from massachusetts to texas are threatening to go on strike sunday. that could cost americans billions of dollars, because shipping costs on everything from shoes to cars would skyrocket. cnn's brian todd is at the port of baltimore. >> reporter: victor, this is a crucial port for commerce in this region. this is the seager terminal in baltimore. you see a containership to my right, the terminal on my left. over my left shoulder, 600,000 containers move through the port of baltimore every year, billions of dollars' worth of goods but that could all come to a grinding halt if the dockworkers and the shipping companies can't reach a deal. they moved everything from our cloths to toys and electronics through the ports and into the marketplace but a lot of the goods won't be making it to our stores if longshoreman from maine to texas go on strike. that's what could happen by sunday if a deal can't be reached between the major shipping companies and a union representing nearly 15,000 longshoremen. >> the imp
FOX Business
Dec 28, 2012 11:00am EST
washington should not pull out the rug from under this rebound. ship wreck, massive port strike that could happen this weekend halts commerce for the country. top of the hour, stocks now and every 15 minutes, lauren at the new york stock exchange. stocks down, but it could be worse, lauren. >> it could be worse. at one point, after 109 points, and now down 59 on the second to last trading day of the year. the nasdaq, believe it or not, is the winner today, down by just about .16%, doing the best of the three major averages. i point that out because for the month of december, the nasdaq is the only major average negative. it's interesting to know we started the year with nasdaq at 26.0 # 5, and now at 29.81, we came a long way. a good year for tech. the vix up above 20. fear of the fiscal cliff and traders saying, all right, we have this idea of a deal getting done baked into the markets, but maybe that's going to unravel a little bit. barnes and noble share, stock up more than 6 #% as i speak. the news is both good and bad. bad news first. they say the holiday period and sales trends will
CNBC
Dec 4, 2012 7:00pm EST
are jumping ship. and is there a republican doom's day scenario developing? a southern california port strike is costing $1 billion a day. they are turning down $190,000 salaries. here is the question, will the president end this strike? and tens of thousands of egyptians storming the palace. is egypt about to blow up into a civil war. did president obama disspeaker john boehner in a comment today. >> on the conservative side of the republican party today. with senator demint speaking on the idea that $800 billion of tax increases were offered. but he got the backing of mitch mcconnel. take a listen to what he had to say. >> i think it sis important tha the house leadership is trying to mov move it forward. i had hoped that we would be accomplishing more in the real talks. but i can tell you, there is nothing going on privately that is not going on publicly. even as he has to deal with this rebellion. he has to deal with democrats and harry reid's comments today give you a sense of where they are coming from. >> they have to come up with specific revenue. and they refuse to do that. it is a s
CNBC
Dec 18, 2012 7:00pm EST
bertha. >> good evening. hopefully it will be averted. the director of the port authority is encouraging the authorities and passengers and cargo airlines to work together and resolve their differences. they want more training and better equipment. the port authority says a strike would be disruptive. and software sales rose 17%. results suggest that it hasn't crimped it spending. and a sweet story about a honeymoon at the waldorf astoria 60 years ago. the hotel honors an veries if you have your receive. he and his wife thought it would be nice to have pancakes for breakfast. but the pancakes were at the 2012 rate which is $24 for room service. $21 for the room, $24 for the breakfast. larry, everything goes up, and this was the second time they did it this year. they had a couple that paid $16.80. >> plus the pancakes. but that is a far cry from the pensional suite which is $8,000 a night. >> the nation still looking for answers after the newtown shootings. right now more information about this mass killer. we are about to talk about all of this with two former fbi profiling experts. tha
ABC
Dec 28, 2012 6:00am EST
on the horizon. thousands of workers at the port of baltimore and 14 of reports from boston to houston are threatened to go on strike this sunday. those ports move about 40% of the nation's container cargo traffic. the economic damage would reach well beyond the docks. >> from your mom-and-pop retailers to the farmers to the trucking companies will have to go pick up the containers at the ports. this will be felt not just at the ports locally, but nationwide everybody is on the ports to move their comrades. >> a major sticking point is the future royalties that the companies pay the longshoremen who moved the containers -- move. >> general norman schwarzkopf died and his home in tampa after suffering complications due to pneumonia. the 78-year-old commanded u.s. forces and a ground invasion to force iraqi troops out of kuwait in 1991 and commanded u.s. forces in nevada and won three silver stars while serving in vietnam. former president george h. w. bush will issue a statement saying that general schwarzkopf "to epitomize the duty, service country decreed that has defended our freedo
FOX Business
Dec 4, 2012 1:00pm EST
bullish going forward. back to you. melissa: thank you. a strikeout the nations busiest port complex. costing the nation a billion dollars a day. the port of long beach director joins us just ahead. lori: let's see how the dollar is trading. it is a weaker dollar with big euro pushing up to 130. the dollar weaker, really, across the board. we will be back with more after this. ♪ twins. i didn't see them coming. i hai need to rethink the oblco of my portfolio.atio. what i reallneed is sleep. introducing the ishares core, buildi blocks for the hearof your portfoli find out why 9 out of 10 large professional investors chse ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. he's going to apply testosterone to his underarm. axiron, e only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is nofor use in women or anyone younger than 18. axiron can transfet
PBS
Dec 28, 2012 6:30pm PST
coast ports, is almost over. federal mediators say dockworkers represented by the longshoremen's union and the u.s. maritime alliance are close to finalizing a new labor deal. so close, that they've extended the deadline on negotiations by another 30 days. this heads off a strike that could have begun on sunday, crippling 14 important ports. the possibility of a strike worried retailers, manufacturers, and farmers, and risked losses in the billions. >> susie: our next guest says once the fiscal cliff mess is resolved, there will be an explosion of mergers and acquisitions in 2013. he's robert profusek, chairman of the global m&a practice at jones day. so bob why you are so up beat about more mergers and being a acquisitions especially with everything going on with the fiscal cliff. >> it's a pessimistic time andtn the merger market. m & a has been fantastic. 9 market has been okay. it's not been at th terrible bus been good. it's been held back by the negativism that was focused on the eu and this year it's the fiscal cliff and the election and everything else. the conditions are there
NBC
Dec 28, 2012 11:00pm EST
obama will be david gregory's interview -- guest on meet the press. that port strike is averted for now. the longshoremen union has expired -- extended their expiring contract by 30 days. it puts off a strike by more the 14,000 longshoremen at 50 ports across the country, including here in baltimore. a strike with the crippled operations at ports. it's reported major steps have been taken towards resolving this ongoing dispute. an abrupt end to the career of one long term maryland civil- rights leader. carl snowden will retire january 8. the office of the announcement earlier today. the decision comes amid legal problems. he was convicted last month of marijuana possession and has a court date for violating his probation in a drunk driving case. tonight was a reversal of fortune for morgan state university's president. the board of regents voted to renew his contract, weeks after voting not to. >> president wilson was diplomatic when i inquired about what led up to this controversy and why it suddenly ended in his favor, instead of pointing the finger at his critics, he took the high ro
ABC
Dec 28, 2012 12:00pm EST
coast have been extended for 30 days. thousands of workers at the port of baltimore and 14 other ports from boston to houston were ready to go on strike sunday. those ports move about 40% of the nation's container cargo traffic. we enjoyed sunshine across the region, but the big story is tomorrow's potential snow. steve rudin is here to talk about that. >> we are watching the maps right now. right now it appears we will see a little bit of snow here in the d.c. area, but not a ton. take a look at the travel forecast. no problems for indianapolis, detroit, new york city and boston. you will find absolutely beautiful conditions as you head to the center of the country. we are watching a storm system to the lower left-hand corner of the screen. this is what is on its way tomorrow. it will start off as a bit of a wintry mix changing over to right now it appears mainly rain. already we do have a winter weather advisory set to go into effect late tonight into the day tomorrow. north and west of d.c., including frederick maryland, and the panhandle of west virginia. what to expect and when co
FOX News
Dec 28, 2012 6:00am PST
could suffer yet another major blow. looming strikes at ports from next sass to boston are threatening to put thousands of americans out of work. with potential losses for u.s. businesses ranging in the billions. >> the port of baltimore is one of maryland's largest economic generators. any type of work action that may result in a suspension or stoppage of work would have an adverse effect. >> we handle more cars, we handle more farm and construction equipment than any other u.s. port. patti ann: we're learning that adverse effect could take a toll on the economy. fox business network's stuart varney has more for us on that this morning. good morning, stu. >> good morning, patti ann. you're talking about two million tons of cargo a day. you're talking about billions of dollars of commerce every single day. if there is a port strike that takes place possibly on sunday of this weekend, then 14,500 dock workers walk off the job at 14 major ports on the east coast and the gulf coast. directly affected? retailers who will have a hard time getting supplies in for the spring sales. the wareho
CSPAN
Dec 7, 2012 2:00pm EST
billion worth of damage to rail subway and port infrastructure in their state. they testified on surface transportation yesterday. >> i call this hearing to order. thank you for joining us, mr. secretary. i asked you to testify today because i'm deeply concerned about the recent report that the f.h.a. could potentially need taxpayer support for the first time in its 78-year history. i would like you to help the committee gain insight into the fiscal challenges at the f.h.a. and what h.u.d. has done and can do to mitigate losses and address the shortfall in the capital reserve ratio. f.h.a. has been helping save lives of the mortgage market by ensuring that qualified lower to moderate income and first time home buyers have access to credit since 1934. since the beginning of the financial crisis, the f.h.a. has increased its market share from below 5% in 2006 to about 30% at its peak volume in 2009, in pursuant of that mission. this cyclical expansion was essential to the mortgage market, especially for first time home buyers who have comprised 78% of single family loans insured by f.h.a.
CNN
Dec 6, 2012 8:00am PST
at the port of los angeles that stranded all of those christmas presents, it costs us about a billion dollars a day in lost business and shut down the nation's busiest port and stranded ships full of fabulous retail merchandise. all of that is now being unloaded. port officials now say it will take about a week to try to get back to normal. sounds like things are solved. i'm joined by the mayor of los angeles, antonio villaraigosa who helped broker the deal to get the port workers back on the job. i want to talk about the port in just a moment. first i want to talk about pressing national business. something called the fiscal cliff, which i know you have been watching. you're very closely aligned with president obama having been the chair of the democratic national convention in september. i want to get your take on this. this is critical to your state. businesses in your state. taxpayers in your state. do you have any optimism that we may not go off the cliff? >> i do have optimism. there's no question about it. i think both sides understand that it's not in the nation's best interest for us
FOX News
Dec 28, 2012 4:00pm PST
from ports from boston to houston. coming up. plus the fbi has again released its file on marilyn monroe. this time minus all of the redactions. what the documents say about her and her suspected ties to communism ahead. and word that president george h.w. bush is improving and even singing in the hospital. that's coming up as we approach the bottom of the hour and the top of the news. [ cellphone chirping ] [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedh
CBS
Dec 4, 2012 5:00am PST
services. >>> president obama is closely monitoring a week-long strike at two southern california ports. 800 members of the clerical union who work at the ports of los angeles and long beach had been working without a contract for more than two years. the clerks don't handle cargo but dock workers are refusing to cross picket lines forcing a shutdown of most terminals. experts estimate the strike is costing the u.s. up to $1 billion a day. and it could delay shipments of holiday gift merchandise. >>> there's a tentative contract agreement between port of oakland and union workers. two weeks ago, more than 500 members of seiu local 1021 went on strike. they had been at the bargaining table for 16 months. details of the agreement will be released when the contract is voted on tomorrow. >>> president obama will host a group of governors today to talk about the "fiscal cliff" after he rejected a counterproposal from congressional republicans. that plan promised to trim $2.2 trillion over the next 10 years and cuts from entitlements and billions in new tax revenues only from tax reform. and
FOX Business
Dec 26, 2012 11:00pm EST
. >>> grover, we have to leave it there. thank you. >> okay. >>> imagine every shipping port from massachusetts to texas shut down. nothing gets in or out. unions mobilizing to strike this weekend. if they don't get their way, will everyone pay? >> forget the fiscal cliff. how about a container cliff and what it m do to the economy. time's running short and a standoff between long shoreman union workers and companies could cripple the nation. unless they reach a dea they plan to strike this weekend. we reached out but haven't heard back yet. steve moore is here with us. if th strike happens, some estimates say $1 billion per day hit to the economy. >> yeah, the's no question. if you -- you used the right word, cripple the economy. the ports in this country are the backbone of our trade, both export and imports and i've read estimates of $100 billion or more comes in and out. so it cook devastating, and reverberate throughout the economy. retailers, whesalers. food distributors, everybody would be affected by the strike if it goes forward. >> exactly what do the unions want and what is managemen
FOX News
Dec 26, 2012 1:00pm PST
. >>> imagine every shipping port from massachusetts to texas shut down. nothing gets in or out. unions mobilizing to strike this weekend. if they don't get their way, will everyone pay? [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis sympto. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benets with theisks. all prescription nsaids, like celebrex, ibuprofen, naproxen, and meloxicam have the same cardiovascular warning. they all may increase the chance of heart attack or stroke, which can lead to death. this chance increases if you have heart disease
FOX News
Dec 28, 2012 3:00pm PST
for the third straight month to reach the highest level in two-and-a-half years. major port strike has been averted for now after mediators got the long shoreman's union to postpone it for month to work out time detail osafter new contract. correspondent phil keeting is following that story from miami. >> at least one end of the year cliff has been averted for now. container cliff. there will be no east and gulf coast port strike happening this weekend. but both sides still have much to work out. if they don't, five weeks from now will be right back to a sweeping strike with great consequences. >> a strike in long beach in los angeles a few weeks ago. that was close. if you cost that area, $1 billion a day. >> sticking point has been the container royalties. salary supplements for long shoremen. heavier the container, the more they get paid. the owners want to cap the royalties at last year's levels to 15,000 long shoreman did not. this from the federal mediator in washington. "the container royalty payment issue has been agreed upon in principle by the parties subject to achieving an overa
CBS
Dec 4, 2012 6:00am PST
on a week lon strike at two southern california ports. 800 members at the port of los angeles and long beach have been working without a contract for two years. the clerks don't handle cargo but dock workers are refusing to cross picket lines forcing a shutdown of those terminals. the strike is costing the u.s. up to $1 billion a day and it could delay shipments of holiday gift merchandise. >>> president obama will host a group of governors today to talk about the upcoming "fiscal cliff." this is after they rejected a count proposal from congressional republicans. that plan promises to trim $2.2 trillion over 10 years and includes $900 billion in entitlement cuts, two-thirds of that from healthcare. it also offers $800 billion in new tax revenues but only if the money comes from tax reform and not from raising rates on the wealthy. and that's where the stalemate is stuck. >>> rates have to rise and republicans need to acknowledge that. that's the only way to get from here to there. >> the white house says the plans fails the balance test. tax hikes and spending cuts will automatically kick i
MSNBC
Dec 28, 2012 8:00am PST
port -- >> we have the big red doing, cliff clafb, listen, to me this is probably a bigger issue in the short term. here's the thing. 15 ports, container ports may go on strike if they don't get a deal made on their contract. they extended from september to now, it's going to expire. this is 40% of the nation's container traffic. it won't impact cars, food or military items. they'll still work for load and unload those, but 40% of all the goods that will come in our out of the this country sitting idle at 15 different ports? that could slam retail sales. our economy, 74% consumer spending, could cost us a billion dollars a day. take your pick of cliffs. we have a cornucopia of cliffs to face as we head into this new year. >> one at a time. brian sullivan, thank you, sir. >>> just after firefighters were shot in webster, new york. there's another deadly shooting. three police officers from camden, new jersey are in the hospital off being shot in a police state officials say one was shot below his bulletproof vest. the other two officers are being treated for graze wounds. police s
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